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Close the Loop ASX:CLG Stock Report

Last Price

AU$0.23

Market Cap

AU$119.7m

7D

0%

1Y

-34.3%

Updated

19 Dec, 2024

Data

Company Financials +

CLG Stock Overview

Engages in the collection and recycling of electronic equipment, imaging consumables, plastics, paper and cartons, and other related activities in Australia, Europe, South Africa, and the United States. More details

CLG fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance2/6
Financial Health4/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Close the Loop Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for Close the Loop
Historical stock prices
Current Share PriceAU$0.23
52 Week HighAU$0.42
52 Week LowAU$0.16
Beta0.38
1 Month Change-6.12%
3 Month Change15.00%
1 Year Change-34.29%
3 Year Change-25.81%
5 Year Changen/a
Change since IPO-23.33%

Recent News & Updates

Close the Loop Ltd (ASX:CLG) Held Back By Insufficient Growth Even After Shares Climb 40%

Nov 19
Close the Loop Ltd (ASX:CLG) Held Back By Insufficient Growth Even After Shares Climb 40%

Benign Growth For Close the Loop Ltd (ASX:CLG) Underpins Stock's 28% Plummet

Aug 27
Benign Growth For Close the Loop Ltd (ASX:CLG) Underpins Stock's 28% Plummet

Recent updates

Close the Loop Ltd (ASX:CLG) Held Back By Insufficient Growth Even After Shares Climb 40%

Nov 19
Close the Loop Ltd (ASX:CLG) Held Back By Insufficient Growth Even After Shares Climb 40%

Benign Growth For Close the Loop Ltd (ASX:CLG) Underpins Stock's 28% Plummet

Aug 27
Benign Growth For Close the Loop Ltd (ASX:CLG) Underpins Stock's 28% Plummet

Here's Why Close the Loop (ASX:CLG) Can Manage Its Debt Responsibly

Apr 25
Here's Why Close the Loop (ASX:CLG) Can Manage Its Debt Responsibly

Close the Loop Ltd's (ASX:CLG) Share Price Is Matching Sentiment Around Its Earnings

Dec 29
Close the Loop Ltd's (ASX:CLG) Share Price Is Matching Sentiment Around Its Earnings

Close the Loop (ASX:CLG) Has Some Way To Go To Become A Multi-Bagger

May 03
Close the Loop (ASX:CLG) Has Some Way To Go To Become A Multi-Bagger

We Think Close the Loop's (ASX:CLG) Solid Earnings Are Understated

Mar 02
We Think Close the Loop's (ASX:CLG) Solid Earnings Are Understated

Is Close the Loop Ltd (ASX:CLG) Trading At A 45% Discount?

Jan 11
Is Close the Loop Ltd (ASX:CLG) Trading At A 45% Discount?

Close the Loop Ltd's (ASX:CLG) P/E Is On The Mark

Oct 04
Close the Loop Ltd's (ASX:CLG) P/E Is On The Mark

Shareholder Returns

CLGAU Commercial ServicesAU Market
7D0%-0.4%-0.6%
1Y-34.3%29.7%9.1%

Return vs Industry: CLG underperformed the Australian Commercial Services industry which returned 29.7% over the past year.

Return vs Market: CLG underperformed the Australian Market which returned 9.1% over the past year.

Price Volatility

Is CLG's price volatile compared to industry and market?
CLG volatility
CLG Average Weekly Movement11.5%
Commercial Services Industry Average Movement7.1%
Market Average Movement8.1%
10% most volatile stocks in AU Market16.7%
10% least volatile stocks in AU Market3.1%

Stable Share Price: CLG has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: CLG's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001n/aJoe Fosterwww.closetheloop.com.au

Close the Loop Ltd engages in the collection and recycling of electronic equipment, imaging consumables, plastics, paper and cartons, and other related activities in Australia, Europe, South Africa, and the United States. It operates through Resource Recovery and Packaging segments. The company take back, recovers, and reuse of complex waste streams, including cosmetics, imaging consumables, plastics, paper and cartons, and eyewear.

Close the Loop Ltd Fundamentals Summary

How do Close the Loop's earnings and revenue compare to its market cap?
CLG fundamental statistics
Market capAU$119.67m
Earnings (TTM)AU$10.95m
Revenue (TTM)AU$212.96m

11.2x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CLG income statement (TTM)
RevenueAU$212.96m
Cost of RevenueAU$132.92m
Gross ProfitAU$80.04m
Other ExpensesAU$69.09m
EarningsAU$10.95m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.021
Gross Margin37.59%
Net Profit Margin5.14%
Debt/Equity Ratio58.5%

How did CLG perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 06:27
End of Day Share Price 2024/12/19 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Close the Loop Ltd is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Conor O’PreyCanaccord Genuity
James BisinellaShaw and Partners Limited
Larry GandlerShaw and Partners Limited